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can nonreg apt rent be increased 12% in one year?

Posted by M Smith on November 10, 1998 at 12:32:13:

We live in an unregulated 1 BR apt in Brooklyn NY -- have been there 1.5 years. Landlord informed us this week she will increase rent from $850 to $950. Can she do that? Can she do that every time the lease is due for renewal? Please help. $1,200 in one year is a lot for us!

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